Disappointing Oracle results knock $70bn off value amid AI bubble fears
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth but big rise in spending Business live – latest updatesOracle’s disappointing results have knocked more than $70bn off the value of software and data company co-founded by Trump ally Larry...
<p>Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth but big rise in spending </p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/dec/11/oracle-shares-slide-earnings-ai-bubble-stock-markets-bank-of-england-business-live-news-updates">Business live – latest updates</a></p><p></p></li></ul><p></p><p>Oracle’s disappointing results have knocked more than $70bn off the value of software and data company co-founded by Trump ally Larry Ellison, adding to <a href="https://www.theguardian.com/business/2025/nov/20/stock-markets-ai-nvidia">fears of a bubble</a> in AI-related stocks.</p><p>Shares in the company fell by 11.5% overnight after it reported a lower-than-expected 14% rise in revenues to $16bn (£12bn) in the latest quarter while revealing it was boosting its AI spending by about $15bn.</p> <a href="https://www.theguardian.com/business/2025/dec/11/disappointing-oracle-results-knock-70bn-off-value-amid-ai-bubble-fears">Continue reading...</a>
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